Bottomed Out v1Bottomed Out - Heads Up
Indicators used internally
Bollinger Bands
Chaikin Money Flow
Money Flow Index
Stoch
Stoch RSI
True Strength Index
Chop Index
Fisher Transform
The main idea behind this indicator is let you know when market is bottoming out, it works on all time frames, higher time frames are recommended.
You can change the bottom value in the properties section this will give you a wider or tighter signal depending on the values.
*Notes:
If price goes lower after a signal, this is possible a bullish divergence, since indicators are going out of the bottomed zone but price is making a new lower low.
Indicador Pine Script®






















